Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Event

HOME > Event


Trading center for Hainan international tropical agricultural products inaugurated in Haikou

December 20, 2018


Abstract : The trading center for Hainan international tropical agricultural products was inaugurated in Haikou, capital of south China’s Hainan Province on Tuesday.

HAIKOU, Dec. 20 (Xinhua) -- The trading center for Hainan international tropical agricultural products was inaugurated in Haikou, capital of south China's Hainan Province on Tuesday.

微信图片_20181221163559

On the same day, the Xinhua-HSF natural rubber series price indexes were released, consisting of concentrated emulsion price index, standard rubber (TSR20) price index, mixed rubber(20#)price index, and natural rubber price index.

The series of indexes, compiled jointly by China Economic Information Service (CEIS) of Xinhua News Agency and Hainan State Farms Investment Holdings Group Co., Ltd (HSF), is China's first price index system that integrates rubber production and sales.

The release of such series price indexes is expected to further increase the popularity of Hainan international agricultural products, such as natural rubber, at home and abroad, and expand the international influence of HSF.

Su Huizhi, vice president of CEIS said that the natural rubber series price indexes realize the combination of big data and related industries, which will gradually form a credible value benchmark for natural rubber by collecting and refining large amounts of market data to improve transaction efficiency and credibility.

At present, HSF has made extensive economic and trade cooperation with countries along the Belt and Road routes, including Thailand, Malaysia, Singapore, Cambodia, and Sierra Leone, and become the world's first multinational company with the largest area of rubber planting and trade volume. So far in 2018, its overseas revenue has accounted for more than 80 percent of its total.

Yang Sitao, chairman with HSF said that the trading center for Hainan international tropical agricultural products will continuously improve the trading mechanism, strengthen the construction of digital platform, and optimize the mode of service, so as to introduce more tropical agricultural products from Hainan and overseas countries onto the platform for trading. (Edited by Ma Xin, maxin11@xinhua.org )


Focus

Think Tank

  • How Can China’s Economy Maintain Steady Growth at a...

    February 15, 2019

    China needs to keep expanding its interconnectivity with global markets, pro...

  • Will China be the next Japan or South Korea?

    February 12, 2019

    As the development phase changes, expanding domestic demand has been brought...

  • Is GDP an obsolete tool in an era of social well-bei...

    February 2, 2019

    A serious talk has to take place between scholars and international organiza...

  • Consumption quality of China’s middle-income popula...

    January 31, 2019

    Building and expanding China's consumer market will not only need to increas...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial